possible shifts in global savings and investment that have led to this fall in the world real interest rate. There are several … factors explaining movements in savings and investment are variables that evolve relatively slowly over time, such as labour … key findings. First, the authors identify the relative weakness in investment demand as more important than the relative …

We study the negative correlation between natural resource-abundance and long-term income focusing on the savings-investment … the issue. In this model, savings adjust downwards to income from natural resources, and investment in capital contributes … income through savings and investment. Natural resources have two counteracting effects on income. In the short term …

This paper aims to investigate the relationship between financial liberalization on the one hand and saving, investment … investment (although there are some signs to believe that liberalization may actually reduce rather than increase domestic saving …), whereas it is positively associated with private investment, as well as with per capita GDP growth. We find a negative …

) preference shocks (“savings glut” hypothesis), and (iii) investment shocks (“investment drought” hypothesis). In order to … imbalances and financial market prices. We find that savings shocks and investment shocks explain less of the variation. Hence, a … “savings glut”. …

capital in the past. The conclusion is that within EMU domestic saving and investment will be less correlated than they were …

by divergent propensities to save. This does not only relate to public, but also to private savings. Accordingly, demands … savings potentials should be adequately exploited. …

The relationship between inventory investment and the real interest rate has been difficult to assess empirically … interest rate on inventory investment. The authors show that this framework does not separately identify the effects of real … interest rate on inventory investment from variables that determine the expected marginal cost of production. Consequently …